Bitcoin
OKX’s February Proof-of-Reserves Report Shows $8.6B in ‘Clean Assets’
Data from CryptoQuant maintains that reserves are 100% clean, compared to 94% for Binance and 61% for Huobi. Source link
Month: February 2023
Market Analysis
60% of Staked Ethereum Remains in the Red Despite Price Highs
The amount of staked Ethereum is continually increasing. However, more than half of it remains underwater in terms of gains made despite the ETH price recently hitting local highs. A large portion of all the […]
Regulation
Helium to Fully Migrate to Solana Blockchain by March 27
This upgrade will encompass all wallets, Hotspots, and Helium Network state, and will take place over a 24-hour transition period on the decided date. Source link
Market Analysis
Bitcoin Is ‘Unresponsive’ to Monetary and Macroeconomic News
Bitcoin, cryptocurrency’s flagship coin has been a grey area in relation to both monetary and macroeconomic factors. Different regulators, such as the New York Federal Reserve, deep-dive into this relationship and the after-effects the asset class may […]
Bitcoin
Crypto Hedge Fund Galois Shuts Down After Losing $40 Million to FTX: FT
Galois co-founder said the fund has halted all trading as it is no longer viable post-FTX. Source link
Market Analysis
Bitcoin Mempool Returning Back to Normal After Ordinals Rush
The Bitcoin Ordinal craze that took over the network last week appears to have lost momentum. As a result, the Mempool is returning to normal levels. Ordinals flooded the Bitcoin network last week as the […]
Finance
Bank of Russia to Start Testing Digital Ruble With Real Users on April 1 – Finance Bitcoin News
The Central Bank of Russia plans to launch test operations with digital ruble transactions between real customers at the beginning of April. More than a dozen banks will join the upcoming stage of the pilot […]
Market Analysis
Could Progressives Leave Elizabeth Warren Behind Over Crypto?
Politicians like Elizabeth Warren have helped create a reputation of the political Left as the enemies of crypto. The truth is far more complicated. A prevailing stereotype about those in the crypto community is that […]
Regulation
Voyager Creditors Subpoena Sam Bankman-Fried, Other Former FTX, Alameda Executives
Voyager’s Creditors also subpoenaed Samuel Trabucco, Nishad Singh, Gary Wang, and Caroline Ellison Source link
Regulation
First Mover Asia: Bitcoin Opens the Week Testing $25K
Also: Hong Kong will unveil its new crypto licensing framework for Virtual Asset Service Providers in June, but the regulation will not allow retail investors to trade digital, contrary to what a recent tweet suggests. […]